real estate teams: How to Hire and Interview for Your Real Estate Team
- 05/05/17 01:25 PM
Building your own real estate team will require you to step into an HR mindset and hire agents on your own. To help you fill roles and expand your real estate team, we’ve put together a blog with actionable plans to showcase the hiring process. It's important to remember that if you can attract leads, you can recruit talent. The first places you should look include your affiliate networks and the circle of agents you are always in contact with. When you begin reaching out to agents in your sphere, leverage the bandwidth of your personal assistant or transactional coordinator in order to … (2 comments)
real estate teams: Who You Need to Hire to Start a Real Estate Team
- 05/05/17 01:20 PM
Building an effective real estate team requires the right balance of support and sales staff. Determining the right hiring order will often depend on your goals. If you want to focus more on freeing up time for lead generation, you might consider hiring a transaction coordinator. If you want someone to double your output and generate passive income, you might consider hiring a buyers agent. However, roles like buyers agents which bring in money require administrative support. Your first hire should be an administrator who can handle time consuming, day-to-day tasks to give you more bandwidth to lay the foundation for a … (3 comments)
real estate teams: Why You Need to Start Your Own Real Estate Team
- 04/30/17 10:36 PM
For newer agents, joining a real estate team is one of the best ways survive the most difficult period in such a competitive industry. In 2015, only 1 in 10 solo agents survived on their own after two years. And even at the top looking at the nation’s highest performers, the average number of transactions dropped 22% from 2011 to 2015. Real estate teams offer career stability, instill confidence through support structures, coaching, leads, technology, and most importantly, a place to hang their license. But real estate teams also have one edge over single agents: scalability. Compared to solo agents, teams with … (3 comments)
real estate teams: The Different Types of Real Estate Teams
- 04/30/17 10:32 PM
If you’re looking to increase your volume of annual transactions, building and running your own real estate team is the best way to achieve your career and financial goals. There are a number of ways to structure a real estate team, and it’s a decision you need to make very carefully. The leadership structure of your team will determine the depth and breadth of your future business. The Partnership Model. You may consider the possibility of partnering with another agent. This usually happens when you’ve worked with an agent in the past and know each of you can bring together unique skill sets. The … (7 comments)
real estate teams: First Hire: Personal Assistant or Transaction Coordinator?
- 04/30/17 10:29 PM
Now that you’ve decided to build a real estate team to improve time management and increase your sales volume, you might be wondering who should be your first actual hire. Your first hire will often depend on your goals. If you want to focus more on the core of your business, you might consider hiring a virtual assistant. If you want someone to double your output and generate passive income, you might consider hiring a buyers agent. However, buyers agents require administrative support. Although lead generation skills are standard among attractive candidates for the role, high-performing buyers agents should only focus on … (1 comments)
real estate teams: Looking for an Ebook on How to Build a Real Estate Team?
- 04/25/17 01:57 PM
Did you know? Compared to solo agents, teams with 3 years experience closed an average of 60 transactions annually, and teams with 8 years experienced closed an average of 158 transactions. Compared to the average of 12 transactions a year for a solo agent according to Realtor Mag, teams can outperform solo agents by 400 to 1200%! We put together a free ebook for the Activerain community on how to build your own real estate team from the ground up with actionable plans. Discover the people you need to hire first, the different ways to structure your team, and how to choose the … (0 comments)
real estate teams: What Actually Makes a CRM Powerful?
- 04/21/17 04:03 PM
There is nothing wrong with your television set... The last time I wrote about real estate CRMs and technology, I felt my post created more questions than it answered! (you can read my original post on shopping for a CRM here) I felt encouraged to revisit this topic from all the warm welcomes and responses I’ve received from Activerain. For this blog, I wanted to take you on a journey and show exactly how a CRM is designed to save time, streamline workflow, and boost sales. Do not attempt to adjust your computer monitor. We are controlling the blog post. You are about … (53 comments)
real estate teams: Improve Your Online Lead Conversion by 8-20% with 3 Strategies
- 04/18/17 02:37 PM
We were inspired to write this post after we came across a survey from Inman. When asked how many of their online leads convert into deals, almost half of the agents who participated in the survey saw a conversion rate of only 2%! In an interview with fitsmallbusiness.com, Realtor Darren James attributed 10% of his annual sales volume directly to Zillow spend.
How to Tackle Online Leads for Better Conversion and ROI: Online lead generation sounds great on paper and the results are incredible with the right plan in place. We’ll show you how to attack the tops and sides of your funnel … (6 comments)
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Lisa @ Chime Technologies
We market for agents, build CRM and tools. Ask me!
Building your own real estate team will require you to step into an HR mindset and hire agents on your own. To help you fill roles and expand your real estate team, we’ve put together a blog with actionable plans to showcase the hiring process.
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